The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-24
TagLATgST GERMAN NsWS
CAMPAIGN AGAINST RUSSIAN Sc.
CURITIES ABArED.

Tension OF Popular Feeling Against
France Leis kxtreme-MOve-
ments at Metz,
Copyright 1887, BY the New York Associated
Pressl
BERLIN, July g. The campaign
against Russian securities has absted,
but the belief on the BouTse is that
the cessation Of the newspaper attacks
10 mere armistice. The renewal OF
the raid depends partly on the sltera-
ton of Russis's economic policy and
partly on the power Of the small Ger
man capitalists having Russian invest
ments to stand q further strain. The
war has already taught r lssia that
Germany hes effective means OF re.
talistions for the hostile tariffs and
merciless restrictions imposed upon
German irads aud traders. The Rus.
sian Ambassadors return TO Berlin on
Wednesday WIS unexpected at the
Embassy and was due solely TO the
alarm felt at 8. Petersburg over the
depreciation OF Russian securities and
the stoppsge Of Russian credit at all
European finsnce tenteis. Count
SchouvAlof conferred with the chitfs
OF the firms Of Mendelssohn
and the X 5lichroders and with
other eminent bankers and tried
to influence item by ASSURANCES
OF Russia's desire TO cultivate more
friendly economic relations with Ger.
many. The Ambassador, however,
made no official representation on the
eubjsct TO the German foreign Off %.
His statements were communicated 10
P.ince Bismarck through the Blsich.
roderr, aud a. the bankers recon.
msl ded cessation OF the attacks, II
only on bee ount OF German investors,
the Russians have been allowed ne.
Rod OF est. l. impofsibls to ca !culaie
with exactitude the loss TO holders
OF Russian eecuritits since cfii :isl In
spiration set the raid q going. Esd.
mates range f-om l6,O0O, 900 TO $50.
Co., 600 marks as tbs amount OF Rus
sian securities sold by scared inyes.
tors, who were willing TO got rid OF
them al any sacri6ce. The bonsfde
Gales thrown on the Bourse bad roth
ing 10 do with speculation. The
question now asked, is what has be.
come of the stock Does II remain in
Germany, or bss the obi set Of the
crusade to get back German capital
inves,ed In Russian securities been
achieved! The best informed mem.
Ders OF the Bourse and bankers
say the bulk remains Ia Germany
that the RussiaD tressury's attempt
TO check tn, fall by extensive rebuy :
ing swept back into Russia no more
han one-tenth Of the Emou Il unlosd
cd here; that foreign orders absorbed
probably another tenth, and tina,
large capitalists Of Berlin and Frank.
fort bought the rest These fnsncisrs
are confident that the situation will
improve, and that the inspired press
wiiltnow waken up to- tbs fact that
the war hiss cost both sides dear, and
that tho wsy 10 free Germany from
Russian bonds 10, not by fright sning
investors, 10 throw the bonds biipdly
upon the mSrket, but the clover pro-.
cess CT q gradual disposal Of them Ia
other markets
The National Zeiung, commenting
on investors losses, taye; "The Rus
sian securities must leave through the
same doors by which they stood year
ago, namely, those Of the great bank
ers. When the government first In
trodnced Russian securities 10 oui
market IL knew how 10 hnd banker
10 act 40 Intermediates. LIT the gov
ernmeni. hnd thrm now for he oppO,ii,
purpose. II should be the aim OF tn,
government 10 maintSin the price o
Ru .sian securities a. tuch a levsl as I,
cause them gradually TO leave Oh,
country Tor ioreign markets."
Tue FEELING AoAIksT FRANCE.
The tension OF popular fselinl
against France Ia leee extreme. hi
couniry could not hsve exist a lonl
withoui sowe decisive form q sctiol
10 10 ieve the recent strain ard th,
withdrawal OF Gen. ID uianger, 4 on
the front, and the war policy at thi
G oss a the fret Oh ASS, mbly a. wei
! ~ the contemplated Ieprts, In mill
taiy circles for his mobiiz, t on expor
, imrni, have combined % soothe th
, public irritation. Gen. fsrren's plsi
OF mobi IL ton 10 believed no 10 in
volva the ssms menace 20 Bonlanger's
A prominent military authority
, writing 10 the Neu.eten Nachrichteu
u e ubich, declares that n he mobili
"a ion Of the French army IL confne,
, TO the Southern or Western depart
ment II will be timply q coeily farce
" CARED out on this second line 81 III
, fienoh deferse II wi make neceesar
the greatest vigilance on the part Q
the Germany authorities, but n cu
RED out nesr the iiontier IL must b
taken ss q de laration Of war.
, The KreuE ZiIuug takes tho sam
yleg Of the mater, and hnds comfoI
? In the TACT thu, " France attempts
y surprise, Germany will be found Il
, perfect readiuess
novnSrs At METZ.
Advioes from Metz and other iron
!. tier & arrisons, report removed sc,lvit
In military movements. Tho troop
81 Oolmar and Mulbsu.en bsgan o
u Tuurday . eeries Of msneuven 40
y the frontirr between Main snsen a.,
!. MARI ucb, TO lsst seven lays Ex OF
n sive frontier barracks arc being COZ
s,Iucted. The balloon department n
ports that q successful trial has b, o
made Of hurting masses OF sxplosiye
. on tort works.
RsfERoR WILLIAM
|, seems to be absorbing new vitality g
|. Gset In. His physicians cay his COT
4 diton has greatly improved sinoe h
lelt Berlin. Yesterday he visited Oh
. Countess Grunue, aud iustesd Of 3,
A log In q carriage he went aio5t iroi
!, the Badeschioss. He stay d two houl
at the Countesss residence a q walke
| Aaak al..N A. 4 =. -.